Is China overtaking America?
By Joseph Nye CAMBRIDGE: The twenty-first century is witnessing Asia’s return to what might be considered its historical proportions of the world’s population and economy. In 1800, Asia represented more than…
US report criticizes human rights during Mubarak era
CAIRO: A recent US State Department report criticized the human rights situation in Egypt during the era of ousted president Hosni Mubarak. Released by US Secretary of State Hillary Clinton…
Arms or Allies?
By Imants Liegis RIGA: It should surprise no one that many in Latvia view the sale by France of fully-equipped assault warships to Russia with grave concern. Other European Union member…
Cabinet approves legislation allowing Egyptians abroad to vote
CAIRO: The Cabinet’s legislative committee approved late Monday modifications on the political participation law allowing Egyptians abroad to cast their votes. The approved modifications will allow Egyptians living overseas to…
Egypt drops for 4th session on economy woes
CAIRO: Egyptian shares extend declines into a fourth day, with the benchmark index falling 1.4 percent as local investors take stock of Egypt's economic problems after a phase of exuberance…
Egypt’s Citadel Capital to delay Taqa Arabia IPO
DUBAI: Egypt's Citadel Capital has postponed plans for the initial public offering (IPO) of its electricity and natural gas distributor Taqa Arabia because of lower valuation prospects, a senior executive…
AlembicHC upgrades Egypt’s Ezz Steel
BANGALORE: AlembicHC upgraded Ezz Steel, Egypt's largest steel maker, to "overweight" from "underweight," and said it does not expect allegations against the company's chairman over the acquisition of state-owned Ezz…
Unrest slashing Arab economic growth: World Bank
WASHINGTON: Unrest in the Middle East and North Africa is putting the brakes on economic growth in the region that had been expected to accelerate this year, the World Bank…
Saudi prince gives up contested Egypt land: MENA
CAIRO: Saudi billionaire Prince Alwaleed bin Talal has given up a claim to land in Egypt that was frozen by the country's public prosecutor, Egypt's state news agency reported on…
Egypt PM pledges probe over protest crackdown
CAIRO: Egyptian Prime Minister Essam Sharaf expressed regret on Monday for a violent crackdown on demonstrators in Cairo at the weekend and said he had asked the minister of justice…